A $2 Billion Factory To Boost Semiconductor Sector
Silicon Box launched its USD 2 billion advanced semiconductor manufacturing foundry to revolutionise the chip manufacturing sector, develop local capabilities, and boost Singapore’s position as a global hub for semiconductor manufacturing. Supported by the Singapore Economic Development Board (EDB), Silicon Box is also looking to upskill and employ up to 1,200 highly skilled people with computer science, engineering, and design backgrounds.
The 73,000 sqm Tampines factory recently launched with EDB Chairman, Png Choon Boon, attending as guest of honor. Png Cheong Boon and the three Silicon Box co-founders Dr. Han Byung Joon, CEO, Dr. Sehat Sutradja, Chairman of the board and Weili Dai.
Dr. Han co-founder and CEO, Silicon Box said,”This new facility is well poised to solve the unique challenges for chiplet adoption, which is critical to meet market demands of emerging technologies. Our proprietary interconnection technology will not only shorten the design cycle of chips but also lower new device costs, reduce power consumption and enable faster time-to-market for industry partners like artificial intelligence, data centres, and electronic vehicles”.
In line with Singapore’s goal to expand its manufacturing sector by 50% by 2030, this will further strengthen its appeal as a preferred destination for AI and semiconductor companies seeking to diversify their manufacturing supply chains amid growing geopolitical tensions. By embracing this new technology, Singapore aims to solidify its position as a global leader in high-performance technology and enhance its attractiveness to industry players.
The establishment of this factory is poised to have a significant impact on Singapore’s semiconductor sector. It is expected to boost the industry’s growth and elevate the country’s standing as a formidable player in the global market. This development will contribute to the nation’s economic expansion and support Singapore’s long-term vision of expanding its manufacturing base.
